The UK Times has the report, saying the European Union is demanding the potential veto.
The Times cites senior government officials in the article saying
COVID-19 – The US Food and Drug Administration is getting political heat to approve vaccines prior to the US election.
Bloomberg report firms are planning to band together to issue a pledge to not send any Covid-19 vaccine to the FDA for review without extensive safety and efficacy data
S&P and NASDAQ break 5 week win streak
It was a wild up and down trading day for the major US stock indices. At the end of the day the major indices all fell. For the week they also declined. The NASDAQ index was the weakest today and also for the week.
Forex news from the European trading session – 4 September 2020
Headlines:
Markets:
– CAD leads, CHF lags on the day
– European equities mixed; E-minis flat
Comments by BOE policymaker, Michael Saunders
– Rebound in activity appears to be a bit faster than in May forecast
– But the rebound has reflected a benign window, which may be closing now
This will just bring more attention to the topic of negative rates for the BOE, especially with the spectre of a no-deal Brexit looming
Further comments by Saunders
– BOE did not discuss negative rates in August meeting
– Review of negative rates is not finished
– Review will look at indirect effects on banks, lending
An interesting choice of word there by Saunders i.e. ‚theologically‘ in the sense that his central bank beliefs does not exclude pursuing negative rates as an option
Reuters reports on the matter, citing a document from the White House
It is reported that the US has asked all government agencies for details of any funding that either supports or counters China and its business practices, amid escalating tensions between the two countries.
Says want to see data from all different vaccines to get a clear idea of which are actually offering protection
It will be tough to imagine how this isn’t going to be politicised despite the Covax scheme. Plenty of countries have already done private deals with pharmaceutical firms and that is going to be how this
Says that GOP are moving even further in the wrong direction
The battle rages on between US lawmakers on the coronavirus relief plan and Schumer’s remarks above are pretty much the same as what we have heard for over a month now. The clock is ticking as we move further down the fiscal cliff, as time
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. If you do not agree with the usage of cookies, we recommand either not to use our website or to disable cookies in your browser.Cookie settingsACCEPT
Privacy & Cookies Policy
Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.